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The decision to confiscate frozen Russian assets must be taken on a collective level and is unlikely to happen quickly, U.S. Special Representative for Economic Recovery in Ukraine Penny Pritzker said during the World Economic Forum on Jan. 15, Ukrinform reported. Western countries have frozen over $300 billion in the Russian central bank’s sovereign assets since the start of the full-scale invasion of Ukraine. Last week, Bloomberg reported that the White House backs legislation that would allow the confiscation of Russia’s funds. Washington reportedly seeks to coordinate such a step with Grou…

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